Tag: TARP

Move Your Money (If You Have Any)

Arianna Huffington thinks we should move our money out of the six banks that hold 60% of our gross domestic product – Bank of America, J. P. Morgan Chase, Citigroup, Wachovia, Wells Fargo, U.S. BC – and into small local banks or credit unions. Assuming you have any to move. Huffington’s Move Your Money movement…

Posted in Jobs and the Economy

Matt Taibbi On Goldman Sachs

If you haven’t been reading Rolling Stone reporter Matt Taibbi on the ubiquitous government presence of the Goldman Sachs investment bank, what are you waiting for? Here’s a teaser from his long, detailed history of the company’s entanglements with a succession of administrations (if reading’s not your thing, you can watch him talk about it…